DSCR up to 8 units in Idalou, TX

DSCR loan in Idalou, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Idalou, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Idalou, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Idalou, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Idalou, TX real estate investors have you covered.

Investment Opportunities in Idalou, TX

Benefits of a DSCR Loan in Idalou, Texas

A Debt Service Coverage Ratio (DSCR) loan in Idalou, Texas offers numerous advantages. One key benefit is the ability to secure financing based on the property's income rather than the borrower's personal income. This can be particularly advantageous for investors looking to purchase rental properties or commercial buildings.

Another advantage is the potential for lower interest rates and larger loan amounts compared to traditional mortgages. This can help investors leverage their capital more effectively and enhance their returns on investment.

Furthermore, DSCR loans typically have more flexible terms and repayment options, allowing borrowers to tailor the loan to their specific financial situation and investment goals.

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